Analysis: The Institution That Subscribed to WLFI an Hour Ago May Be B2C2 Group
According to on-chain analyst Ai Yi (@ai_9684xtpa), the institution that subscribed to WLFI an hour ago may be B2C2 Group. This address previously spent 40 million USDT on June 4 to subscribe for 400 million WLFI at a cost of $0.10 per token, with the tokens being received three days after payment. To date, the cumulative investment in WLFI has reached $80 million. This cost is on par with the $25 million USDC spent by DWF Labs on April 9, which is 6.67 times the first-round subscription price ($0.015) and twice the second-round subscription price ($0.05).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like

Brent Crude Oil Hits $116 as Markets Weigh Another Inflation Shock

S&P rewrites stock classification rules! $375 billions in funds may be forced to rebalance, major reshuffle for growth and value stocks
After S&P Dow Jones Indices adopts new stock classification rules, growth stocks and value stocks will undergo a reshuffling.

Bitcoin (BTC) Tanks Toward $80K, Ripple (XRP) Loses Key Support: Weekend Watch

